$919,000.00 5,090 Sq.ft

5553 45 Avenue , Red Deer. t4n1l2

Description

Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow. The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute. Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss!

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2296157
City:Red Deer
Neighbourhood:Waskasoo
Province:Alberta
Building/Unit Size: 5,090 sq.ft
Land Size:0.26 Acre
Listing Price:$919,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:R-M
Listing Contract Date:2026-03-24

For fast response, please email us via the “Inquiry Via Email” button with your contact information.

To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.

This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "CIR Realty" listing brokerage.

Google map